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20121202
20121210
Search Results 0 to 5 of about 6 (some duplicates have been removed)
? >> it is by the end of this week and here's why. republicans came out right after the election and said to the president, you want revenue, here. you want revenue on the wealthy? we will give it to you. let's do this via limbing tax deductions for the wealthy. the president instead of taking that, running it, ceiling a deal, has been out campaigning for tax hikes. and to cap it off, sent treasury secretary tim geithner down to congress this week with this absolutely outrageous proposal that's basically a compilation of everything the president wanted in his budget. it's beyond what he even campaigned for. and as a result i think most republicans wonder just how serious he is about doing this. they feel things are going backwards. >> that's the way it sounded to me, too. i talk to some senior republicans this week and they are increasingly of the belief that maybe the president wants to back them into a corner that could push them over the cliff and then be able to blame them if you have to recession or for taxes going up on everybody. >> well, i don't doubt that that's what he's trying
's one thing. but we're not going to go after seeing the president win this election, we won the white house, turn right around and undermine the people who helped put us there. >> you know, it is interesting. the older voters did vote republican and medicare was out there. i mean, paul ryan budget was there. and the older voters went for governor romney. >> remember,, he won with fewer voters. the republican performance was better than it was four years ago. the reality is, nobody can look at this budget and think that if you don't reform entitlements you can balance it. >> but it's a matter of where do you balance it? do you balance it on the backs on the people who can least afford it? >> but to get a deal, we have a divided government. the president won. we can argue about whether it's a mandate. there will have to be compromise. $16 trillion debt. trillion a year deficit. you're not going to solve all that with tax increases and cutting discretionary programs. we have to fix the intitlement programs. we can talk about how we do it. >> you have to be specific, steve. because when y
just lost re-election and the eight or so seats. on the other hand, he still has a very diverse caucus in terms of ideology and it's going to be very difficult. you'll notice in hiss comments he didn't say no to 37%. that said, if he agreed to 37% and he's basically bilateral talks with the president, who says the kwaux is going to approve that. he could end up with a lot of egg on his face if he agrees with the president on this, they go forward with the vote, and it doesn't pass. >> david, the office of management and budget, omb, asking government agencies to figure out what they would cut if we do go over this fiscal cliff. talking a trillion dollars in cuts over ten years. that would mean furloughs for some federal workers, slower hiring, outside contracting, the closer we get to the cliff, the more real it begins to seem. how does that then change the negotiations? >> well, i think it's all part of the political pressure the white house is trying to apply to the congressional republicans. we saw the same thing in '11 when we had the near government shutdown and the dispute over t
the fiscal cliff. right after the election wall street dropped 5% when everybody suddenly focused on the fiscal cliff and realized that this was a problem. but since then it's kind of bumped along at this sort of level. i don't think wall street is at all sanguine about the idea that if we went over the fiscal cliff, life would go on as we know it and everything would be fine. >> one of the things that was really interesting to me to bear out that point is ken conrad yesterday who's been so down, i mean, he's leaving the senate. he's done this for seven years. they can't produce deals. and yesterday when i interviewed him, joe, he said i think we're going to make this. i think the boehner offer had significant indicators that something here is going on, and they're going to come together. >> also, kent conrad, a guy -- i've loved him for a long time, deficit hawk. they haven't allowed him to put a budget out for years. he's growing frustrated. i'm sure he's going to be glad to leave. but i was surprised by that as well. you see also, sam stein, republicans are now starting to real
in tax hikes and then once re-elected he doubled it. even if he gets that higher amount, we did some calculations, that is only going to pay for about 16 days of government spending. aren't taxes insignificant compared to entitlement reform which you and i were talking about, president obama promised he would tackle it in his first term? >> entitlement vessel basically everything which is another reason going off the cliff in the long term is not going to be that beneficial. there is nothing in the peelts for going off the cliff that address our long term entitlement problems. you still have that problem. >> gregg: i apologize you. we have breaking news we have to get to. jamie weinstein, thanks. >> heather: news conference going on in irving, texas where the police department is talking about a car accident that has left one dallas cowboys teammate dead and another behind bars. let's listen. >> okay. the irving police department is investigating a single fatality accident involving two dallas cowboy football players. at approximately 2:21 this morning, joshua brent was traveling wes
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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